Aegis Logistics subsidiary sells 51% stake in HALPG to associate

Aegis Logistics Limited has informed shareholders of a proposed material related-party transaction where its wholly-owned subsidiary, Aegis Gas (LPG) Private Limited (AGPL), will sell a 51% equity stake in Hindustan Aegis LPG Limited (HALPG) to Aegis Vopak Terminal Limited (AVTL), an associate company. This transaction, valued at up to INR 703 Crores, aims to promote operational synergies and consolidate LPG throughput services under AVTL.

The sale, which will result in AVTL holding a 75% equity stake in HALPG (including an additional 24% transferred from Vopak India BV), is based on an independent valuation report. The transaction is considered material as its value of 10.39% of the consolidated turnover for the immediately preceding financial year exceeds the 10% threshold.

The e-voting period for this Ordinary Resolution will commence on Saturday, November 01, 2025, at 9:00 a.m. (IST) and conclude on Sunday, November 30, 2025, at 5:00 p.m. (IST). Results are expected to be announced on or before Tuesday, December 02, 2025. All transactions will be executed on an arm's-length basis.